In this season of commencements and keynote addresses, the acquisition of VNUS Medical Technologies Inc. by Covidien Ltd. brought us back to the notable medical device IPO class of 2004. Five years ago, these 17 medical device companies ended the sector’s 7-year initial public offering drought, which set in following the disappointing group of device companies that went public in 1995-96.
Vnus Buy Latest Big Win for 2004 Device IPO Class
The medical device industry broke the IPO ice in 2004, sending 17 companies onto the US public markets. How have they fared?
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